KEEP PASSING THIS ON UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT...
THIS IS SURE SOMETHING TO THINK ABOUT!!!!
THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!
WHERE DID THAT MONEY GO?
Remember, not only did you and I contribute to Social Security but your employer did, too.
It totaled 15% of your income before taxes.
If you averaged only $30K over your working life, that's close to $220,500.
Read that again.
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a Government bank to insure you
and I that we would have a retirement check from the money we put in, not the Government.
Now they are calling the money we put in "AN ENTITLEMENT" when we reach the age to take it back.
Remember, not only did you and I contribute to Social Security but your employer did, too.
It totaled 15% of your income before taxes.
If you averaged only $30K over your working life, that's close to $220,500.
Read that again.
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a Government bank to insure you
and I that we would have a retirement check from the money we put in, not the Government.
Now they are calling the money we put in "AN ENTITLEMENT" when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution)
at a simple 5% interest (less than what the Government pays on the money that it borrows), after 49 years of working you'd have $892,919.98.
at a simple 5% interest (less than what the Government pays on the money that it borrows), after 49 years of working you'd have $892,919.98.
If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better
than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that
final amount on deposit!
If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.
than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that
final amount on deposit!
If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.
A quote from a retired woman: "Another thing with me.... I have two deceased husbands
who died in their 50's, (one was 51 and the other one was 59 before one percent of their
social security could be drawn.
I worked all my life and am drawing 100% on my own social security).
Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives."
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance!
Just because they borrowed the money for other government spending, doesn't make my benefits
some kind of charity or handout!!
who died in their 50's, (one was 51 and the other one was 59 before one percent of their
social security could be drawn.
I worked all my life and am drawing 100% on my own social security).
Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives."
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance!
Just because they borrowed the money for other government spending, doesn't make my benefits
some kind of charity or handout!!
THE TRUE "ENTITLEMENTS"
Remember Congressional benefits? --- free healthcare, outrageous retirement packages,
67 paid holidays, three weeks paid vacation, unlimited paid sick days,AND CONGRESS IS SCHEDULED TO BE IN SESSION LESS THEN EVER!
67 paid holidays, three weeks paid vacation, unlimited paid sick days,AND CONGRESS IS SCHEDULED TO BE IN SESSION LESS THEN EVER!
LINK TO 2014 CONGRESSIONAL SCHEDULE:
Now that's welfare, and they have the nerve to call my social security retirement payments entitlements?
We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless.
Yet in the last few months we have provided aid to Haiti , Chile, Afghanistan, Syria. Iraq, Turkey and many, many others.
And now Pakistan ......home of bin Laden.
Literally, BILLIONS of DOLLARS!!!
And they can't help our own citizens in New York and New Jersey !
Yet in the last few months we have provided aid to Haiti , Chile, Afghanistan, Syria. Iraq, Turkey and many, many others.
And now Pakistan ......home of bin Laden.
Literally, BILLIONS of DOLLARS!!!
And they can't help our own citizens in New York and New Jersey !
They call Social Security and Medicare an entitlement even though most of us
have been paying for it all our working lives, and now, when it's time for us to collect,
the government is running out of money.
Why did the government borrow from it in the first place?
It was supposed to be in a locked box, not part of the general fund.
Sad isn't it.
99% of people won't have the guts to forward this.
I'm in the 1% --
I just did.
I just did.
WHY ARE WE
SO ANGRY AND STINGY WHEN WE (THE USA) HAVE TO PAY OUR DEBTS, AND YET SO FREELY GIVE AWAY MONEY TO STRANGERS, MANY OF WHOM HATE US AND WANT TO KILL US?
Link to Foreign Assistance tables and amounts:
AEECA Assistance to Europe, Eurasia and Central Asia
DA Development Assistance
ESF Economic Support Fund
P.L. 480 P.L. 480 Title II
FMF Foreign Military Financing
GHP - State Global Health Programs - State
GHP - USAID Global Health Programs - USAID
IDA International Disaster Assistance
IMET International Military Education and Training
INCLE International Narcotics Control and Law Enforcement
IO&P International Organizations and Programs
MCA Millennium Challenge Account
MENA-IF Middle East and North Africa Incentive Fund
NADR Nonproliferation, Anti-Terrorism, Demining and Related Programs
OCO Overseas Contingency Operations
PKO Peacekeeping Operations
TI Transition Initiatives
Other
ACRONYMS
Other Accounts include Transition Initiatives, Democracy Fund, Migration and Refugee Assistance, U.S. Emergency Refugee and
Migration Assistance Fund, Complex Crises Fund, Global Security Contingency Fund, the Pakistan Counterinsurgency Capability
Fund, the Emergency Food Assistance contingency Fund, Independent Agencies and International Financial Institutions (IFIs).
DA Development Assistance
ESF Economic Support Fund
P.L. 480 P.L. 480 Title II
FMF Foreign Military Financing
GHP - State Global Health Programs - State
GHP - USAID Global Health Programs - USAID
IDA International Disaster Assistance
IMET International Military Education and Training
INCLE International Narcotics Control and Law Enforcement
IO&P International Organizations and Programs
MCA Millennium Challenge Account
MENA-IF Middle East and North Africa Incentive Fund
NADR Nonproliferation, Anti-Terrorism, Demining and Related Programs
OCO Overseas Contingency Operations
PKO Peacekeeping Operations
TI Transition Initiatives
Other
ACRONYMS
Other Accounts include Transition Initiatives, Democracy Fund, Migration and Refugee Assistance, U.S. Emergency Refugee and
Migration Assistance Fund, Complex Crises Fund, Global Security Contingency Fund, the Pakistan Counterinsurgency Capability
Fund, the Emergency Food Assistance contingency Fund, Independent Agencies and International Financial Institutions (IFIs).